• 1 day PDVSA Booted From Caribbean Terminal Over Unpaid Bills
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Energy / Oil Prices

Is the Oil Price Slide Nearing an End?

Is the Oil Price Slide Nearing an End?

Oct 16, 2014 at 17:16 | Nick Cunningham

The rapid decline in oil prices may be almost over.That prediction comes from several big banks that say oil prices are nearing their floor. Bank of America and…

Global Oil Surplus To Disappear Gradually Next Year

Global Oil Surplus To Disappear Gradually Next Year

Oct 16, 2014 at 16:36 | Dave Summers

The oil markets are concerned that there is too much oil currently available on the market, and that, as a consequence, oil prices may continue to tumble. Saudi Arabia is…

Falling Oil Prices Could Push Venezuela Over The Edge

Falling Oil Prices Could Push Venezuela Over The Edge

Oct 15, 2014 at 17:25 | Nick Cunningham

Oil prices continue to slide, putting enormous pressure on oil producers around the world. Saudi Arabia has insisted it is willing to live with lower prices for…

Iran Says Oil’s Price Drop No Threat, Won’t Demand Production Cut

Iran Says Oil’s Price Drop No Threat, Won’t Demand Production Cut

Oct 15, 2014 at 17:00 | Andy Tully

Iranian officials are taking the current drop in oil prices in stride and don’t plan to demand a cut in production by OPEC.During previous price declines, Tehran has…

5 Reasons Oil Prices Are Dropping

5 Reasons Oil Prices Are Dropping

Oct 13, 2014 at 17:09 | Chris Pedersen

As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify a floor price. Even though crude benchmarks like Brent and…

Dropping Oil Prices Send Shockwaves Through Energy Sector

Dropping Oil Prices Send Shockwaves Through Energy Sector

Oct 10, 2014 at 18:13 | Nick Cunningham

Energy stocks have taken a beating so far in October as commodity prices continue to deteriorate. A wave of bad news has hit the commodities sector. A weakening…

This Week in Energy: The Oil Price Panic

This Week in Energy: The Oil Price Panic

Oct 10, 2014 at 16:21 | James Stafford

American drillers are fretting over an oil boom that is out-pacing demand and pushing prices down, feeding the export ban debate and pushing it critically forward.This week, while…

Oil Panic Favors The Bold

Oil Panic Favors The Bold

Oct 10, 2014 at 10:35 | Dan Dicker

There’s panic in the air. You can feel it.  The market for oil has been dropping daily, now trading under $85 – under $90 for Brent North Sea grades.  The…

Who Loses in an Oil Bear Market

Who Loses in an Oil Bear Market

Oct 10, 2014 at 10:29 | Editorial Dept

The bear market for oil has arrived. Brent crude has dropped by more than 20 percent since hitting a multiyear high in June. Now hovering around $90 per barrel,…

The Role Of Oil Prices In Global Financial Markets

The Role Of Oil Prices In Global Financial Markets

Oct 09, 2014 at 13:34 | Martin Tillier

There is, to those of a somewhat romantic bent, an inherent beauty in financial markets. Even just simple supply and demand has an appealing logic. As demand for…

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